Cheap shovels: price of the most popular graphics card from AMD fell to 67 percent
Source:
AMD Radeon RX580 has gained immense popularity among the miners in 2017. In February of 2018 representatives of this model GPU has become so little on the market that its price jumped up to $ 550. However, today the card can be easily purchased in store for $ 179.99 for. Just a few months, it fell to 67 percent.
themore in fashion
Yes, the correction in prices of absolutely all caused very serious damage to mining. Because of the profitability of mining coins, many entrepreneurs were forced to leave the industry that have affected herath cryptocurrency. Some miners even to sell their wares in bulk, that though as-that to compensate the financial losses.
«Kryptonim» are also influenced by the main manufacturers of GPUs. AMD and Nvidia have lost his interest in mining, the share of revenue of companies from this sector tends to zero. In the spring of 2018, AMD CEO Lisa su stated that the blockchain «just distracting people in the short term».
The Crypt and mining made up about 10 percent of our income for the first quarter of this year. These indicators affects a lot of factors, but we know exactly what people use our products. Digital assets served as a good way to increase sales, but they definitely are not the dominant reason for the success in the industry.
The Main competitor AMD is feeling unwell in mid — November, the price of Nvidia stock rapidly collapsed due to a disappointing financial report for the third quarter. The paper deals with the strong demand on the GPU for mining.
Source: Trusted Reviews
In the Russian market the situation is no better — domestic miners are also actively your cryptoform at discount prices. Well, you can profitably use them on our pool .
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